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ACT › Ainslie › Paterson St

32 Paterson St, Ainslie ACT 2602

House

$1,305,000

Last sold

24 Feb 2021

3

Bedrooms

1

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,305,000 (24 Feb 2021).(Recorded sale)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,305,000

24 Feb 2021 · derived via latest_sale

Ainslie at a glance

5,473

People

$1,265,000

Median sale

$367/wk

Median rent

1.51%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Ainslie report →

Vs Ainslie

+3.2%

Median sale

Suburb $1,265,000

-0.05 pp

Gross yield

Suburb 1.51%

Suburb median $1,265,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,305,00024 Feb 2021
  2. Listedprice unknowncompleted4 Feb 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

ACT

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $367/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ainslie in one glance

Ainslie at a glance

5,473

People

$1,265,000

Median sale

$367/wk

Median rent

1.51%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Ainslie report →

Keep researching

  • Why Ainslie? Read the area thesis →
  • What else is on the market in Ainslie →
  • Other records on Paterson St →

Listing material

Listed by HOME.BYHOLLY

legacy.defined

#soldbyholly $1,305,000

We often reflect on legacy, what will we be leaving behind for the generations after us, will our life's work be worthwhile, how will we be remembered?

The family home has a similar nostalgic significance around it, almost as if it's a pillar of that legacy. Every community has that house you rode your bike past as a kid, that reminds you of childhood and the residents of these homes build the community. Sometimes, but very rarely, the house is remembered as affectionally as its resident, and if anyone can teach us about legacy it's Walter 'Dick' Redman.

Read the full description

This humble but historical home has been part of Canberra's history since 1926 when it was built to house Bert Young and family; Bert was the first foreman painter in the area.

This home has remained in the family since that time, with the family members contributing to the development of the fabric of Canberra community.

As foreman painter Bert was part of the team that worked on government homes in the very early days of developing the Bush Capital. Bert's daughter June and her husband Dick purchased the house in the 1950s. June was a stenographer for Prime Ministers Chifley and Menzies before bringing up her 4 children. She also became the District Commissioner for the Girl Guides and was active in Meals on Wheels in her later years. Dick was a bus driver in the area since before the lake was established and was one of the 5 community members that established the original PCYC in Turner. He was also an active member of Neighbourhood Watch and spent many hours in his beloved garden growing vegetables and plants which he loved to share with passers-by.

If you grew up in the inner north and caught the bus home, chances are Dick was your bus driver. He first worked for the government in Canberra laying pipes for the new suburbs, Turner, and O'Connor. He then joined the Department of Transport and was a conductor for 5 years, then a driver and a senior and chief driving instructor. He was an instructor until he retired in 1989.

This home is ideally located in leafy Ainslie. It is close to Mount Ainslie for a family nature walk, across the road from Corroboree Park for a family game of cricket or a BBQ with friends, and within walking distance of shops, schools and Canberra's central shopping precinct.

This humble Ainslie home has seen Canberra grow up to its current vibrant community and with its location and character would be ideal to continue its legacy with you and your family in its next phase of life.

Advisory Service: Free heritage and architectural advice is available for heritage owners and purchasers. The Heritage Advisory Service provides guidance on renovating or extending a heritage home. The service is provided by Philip Leeson Architects Pty Ltd. Call Philip Leeson or David Hobbes on (02) 6295 3311 for one free appointment. This is an independent service supported by the ACT Government.http://www.environment.act.gov.au/heritage/

features.

.heritage weatherboard family home originally built in 1926

.premium position on Paterson Street, Ainslie

.established corner block overlooking Corroboree Park

.living and dining room with pendant lights and reverse cycle air conditioner

.kitchen with plenty of bench and storage space, walk-in pantry, electric oven and stovetop, lovely character tile splashback

.three bedrooms

.original character wall mouldings

.original bathroom with shower bath and sink

.separate WC

.separate laundry

.double garage

.charming gardens with established plantings and trees

.wonderful location so close to the Ainslie Shops, schools, Mount Ainslie

.easy access to public transport, City, Braddon, ANU and amenities

EER: 0.0

Land size: 696m2(approx.)

Living size: 130m2(approx.)

Land rates: $4,702.95pa (approx.)

Land tax: $7,831.00pa(approx.) only if rented

Land value: $725,000 (2020)

Year built: 1926 (approx.)

Listing description written by Holly Komorowski, HOME.BYHOLLY — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.